Defence homes in on assumptions of rank
During the final day of testimony by Sar Kimlomouth at the Khmer Rouge tribunal yesterday, the defence team for co-accused Khieu Samphan sought to weaken the ties between their client and the Ministry of Commerce, within which Sar Kimlomouth, a former banker within Democratic Kampuchea, ...
http://www.phnompenhpost.com/index.php/KRTalk/defence-homes-in-on-assumptions-of-rank.html
Five People Released in Kratie Insurrection Case
The Kratie Provincial Court has released on bail five of the eight people charged after a military-style operation by security forces on a small village alleged to be the home of a secessionist movement, a court official said yesterday. On May 16, a 14-year-old girl was ...
Workers' protest in Phnom Penh pays off
Garment workers who claim their employer was docking their pay for wearing shoes on the job will return to work today after their two-day strike ended with some demands being met. More than 300 workers from Horus industrial Corp sportswear factory in Phnom Penh’s Meanchey district ...
http://www.phnompenhpost.com/index.php/2012060856672/National-news/strike-action-pays-off.html
Hor Namhong to talk debt in US
Cambodian Foreign Affairs Minister Hor Namhong will conduct a one-day visit to Washington, at the behest of US Secretary of State Hillary Rodham Clinton, where he will again lobby for US debt forgiveness. The one-day visit on Tuesday will also focus on strengthening bilateral ties between ...
Court Clears Leopard Capital in Loan Case
The Court of Appeal yesterday dismissed a complaint by the Canadian-Cambodian shrimp manufacturer Nautisco Seafood Manufacturing inc. alleging that the private equity firm Leopard Capital had purposely indebted the company for its own personal gain. According to the Sihanoukville-based shrimp company’s complaint, Leopard Capital, a partner ...
Australia Mine Company drills diamond in Cambodia
Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existing independent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...
Drought hits rice fields in northern Cambodia
Two consecutive months of drought have severely damaged thousands of hectares of rice fields in Krokor district and neighboring areas in Pursat province. ...
Malaysia Firm Buys Majority In Yellow Pages
The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company said Monday. According to a disclosure last week from CBSA ...
Police seize luxury wood in house raid
About 2,000 kilograms of Kran-houng luxury timber worth tens of thousands of dollars and a Toyota Camry car were seized by authorities in Oddar Meanchey province’s Anlong Veng district on Wednesday, military police said yesterday. ...
Agriculture Census to Be Launched in Cambodia
Following the release of the country’s first nationwide economic census earlier this year, the government is now planning to carry out a similar census dedicated to the agriculture sector, a government official said yesterday. Minister of Agriculture Chan Sarun announced the government’s intention to carry out ...
VN bank named in Cambodia top five
The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of the Bank for Investment and Development of Viet Nam (BIDV), has been named as one of the five biggest banks In Cambodia after three years of operation BIDC general director Nguyen Van Hien said ...
http://vietnamnews.vnagency.com.vn/Economy/228887/vn-bank-named-in-cambodia-top-five.html
Growth in Cambodian service sector, says ADB
Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB). The service sector’s real GDP share has expanded to 39 per cent in 2011, compared to 23.7 per cent ...
New Businesses Increase In First Nine Months
A total of 2,606 new businesses were registered in Cambodia during the first nine months of the year, an increase of 11.6 percent compared to the same period last year, data released yesterday by the Ministry of Commerce shows. According to the figures, the ministry approved 306 new ...
Millions Threatened by Dam in Stung Treng
More studies should be conducted on the controversial Lower Sesan 2 dam in Stung Treng province in order to understand its potential social and environmental effects, Conservation international (C.I.) said in a statement. The Lower Sesan 2-as well as other dams planned for the Sesan, Srepok ...
Villagers in Kampong Chhnang win land back
Prime Minister Hun Sen has reclassified 4,158 hectares of a massive land concession owned by the wife of Senator Lao Meng Khin from his own party for displaced families in Kampong Chhnang province. A jubilant representative of the 4,506 families who have long battled against ...
http://www.phnompenhpost.com/index.php/2012113060025/National-news/villagers-win-back-land.html
Farmers biggest source of investment in agriculture
Despite attention from Foreign Direct Investment (FDI) and official development assistance, farmers are by far the largest source of Investment In agriculture, the State of Food and Agriculture 2012 report by the Food and Agriculture Organization published last week said. Farmers In low and middle Income ...
Fourth missing in dam disaster, say witnesses
Workers who directly witnessed the Stung Atai dam accident more than a week ago have contested government accounts, telling the Post four, not three, men were still missing after an outlet pipe burst. Those working or living near the dam also told the Post investigations pledged ...
http://www.phnompenhpost.com/National/fourth-missing-in-dam-disaster-say-witnesses.html
Rise in Cargo Reflects a Diversifying Economy
The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from ...
http://www.cambodiadaily.com/business/rise-in-air-cargo-reflects-a-diversifying-economy-7214/
Cambodia’s garment exports grow in 2012
The exports of garments and textiles from Southeast Asian nation of Cambodia grew to US$ 4.61 billion, up nine percent over total textiles and garment exports worth US$ 4.24 billion made in 2011, according to The Phnom Penh Post report. However, the rise in garment ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120092
Faintings in Cambodian ‘model’ factories raise concern
A lobby group says three separate mass fainting incidents this week that took place at two Cambodian garment factories “speaks volumes” about the issue, because both workplaces have relatively good reputations for worker’s rights. More than 140 workers fainted on Wednesday and Thursday at Kandal’s QMI ...